ANOVER: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ANOVER
Largest movements
- Receivables within one year +€55,498
up €55,498 (+97.9%), from €56,678 to €112,176
of which Trade receivables: +€59,382
- Cash +€19,358
up €19,358 (+1,143%), from €1,693 to €21,051
mainly Net result for the year (+€63,845) and Trade debts (+€40,202)
- Reserves +€63,845
up €63,845 (+18.9%), from €338,358 to €402,203
of which Distributable reserves: +€63,845
- Debts after one year -€46,214
down €46,214 (-6.5%), from €706,112 to €659,898
- Trade debts +€40,202
up €40,202 (+54.5%), from €73,750 to €113,952
- Depreciation -€31,865
down €31,865 (-44.5%), from €71,578 to €39,714
- Other operating charges +€30,703
up €30,703 (+6,925%), from €443 to €31,146
- Gross operating margin +€29,072
up €29,072 (+19.2%), from €151,214 to €180,287
- Financial charges +€8,981
up €8,981 (+50.0%), from €17,947 to €26,929
- Taxes +€6,578
up €6,578 (+39.2%), from €16,774 to €23,351
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,669,793 | €1,734,884 | +€65,091 | +3.9% |
| Fixed assets | 21/28 | €1,492,930 | €1,487,557 | -€5,374 | -0.4% |
| Tangible fixed assets | 22/27 | €942,930 | €937,557 | -€5,374 | -0.6% |
| Land and buildings | 22 | €878,374 | €891,230 | +€12,856 | +1.5% |
| Plant, machinery and equipment | 23 | €50,636 | €34,710 | -€15,926 | -31.5% |
| Furniture and vehicles | 24 | €13,920 | €11,617 | -€2,304 | -16.5% |
| Financial fixed assets | 28 | €550,000 | €550,000 | = | 0.0% |
| Current assets | 29/58 | €176,862 | €247,327 | +€70,465 | +39.8% |
| Amounts receivable after more than one year | 29 | €102,610 | €102,610 | = | 0.0% |
| Other amounts receivable | 291 | €102,610 | €102,610 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €56,678 | €112,176 | +€55,498 | +97.9% |
| Trade receivables | 40 | €1,169 | €60,550 | +€59,382 | +5,081% |
| Other amounts receivable | 41 | €55,509 | €51,626 | -€3,884 | -7.0% |
| Current investments | 50/53 | €823 | €0 | -€823 | -100% |
| Cash at bank and in hand | 54/58 | €1,693 | €21,051 | +€19,358 | +1,143% |
| Deferred charges and accrued income | 490/1 | €15,058 | €11,490 | -€3,568 | -23.7% |
| Total equity and liabilities | 10/49 | €1,669,793 | €1,734,884 | +€65,091 | +3.9% |
| Equity | 10/15 | €798,658 | €862,503 | +€63,845 | +8.0% |
| Contributions | 10/11 | €284,300 | €284,300 | = | 0.0% |
| Revaluation surpluses | 12 | €176,000 | €176,000 | = | 0.0% |
| Reserves | 13 | €338,358 | €402,203 | +€63,845 | +18.9% |
| Non-distributable reserves | 130/1 | €28,430 | €28,430 | = | 0.0% |
| Reserves not available under the articles | 1311 | €28,430 | €28,430 | = | 0.0% |
| Distributable reserves | 133 | €309,928 | €373,773 | +€63,845 | +20.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €871,134 | €872,381 | +€1,247 | +0.1% |
| Amounts payable after more than one year | 17 | €706,112 | €659,898 | -€46,214 | -6.5% |
| Financial debts | 170/4 | €706,112 | €659,898 | -€46,214 | -6.5% |
| Amounts payable within one year | 42/48 | €165,022 | €205,470 | +€40,447 | +24.5% |
| Current portion of amounts payable after more than one year | 42 | €63,190 | €64,338 | +€1,149 | +1.8% |
| Financial debts | 43 | €232 | €2,757 | +€2,525 | +1,090% |
| Credit institutions | 430/8 | €232 | €2,757 | +€2,525 | +1,090% |
| Trade debts | 44 | €73,750 | €113,952 | +€40,202 | +54.5% |
| Suppliers | 440/4 | €73,750 | €113,952 | +€40,202 | +54.5% |
| Taxes, remuneration and social security | 45 | €3,017 | €5,571 | +€2,554 | +84.7% |
| Taxes | 450/3 | - | €2,152 | +€2,152 | |
| Remuneration and social security | 454/9 | €3,017 | €3,419 | +€402 | +13.3% |
| Other amounts payable | 47/48 | €24,834 | €18,851 | -€5,983 | -24.1% |
| Accrued charges and deferred income | 492/3 | - | €7,013 | +€7,013 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,578 | €39,714 | -€31,865 | -44.5% |
| Other operating charges | 640/8 | €443 | €31,146 | +€30,703 | +6,925% |
| Gross operating margin | 9900 | €151,214 | €180,287 | +€29,072 | +19.2% |
| Operating profit (loss) | 9901 | €79,193 | €109,427 | +€30,234 | +38.2% |
| Financial income | 75/76B | €2,095 | €4,698 | +€2,602 | +124% |
| Recurring financial income | 75 | €2,095 | €4,698 | +€2,602 | +124% |
| Financial charges | 65/66B | €17,947 | €26,929 | +€8,981 | +50.0% |
| Recurring financial charges | 65 | €17,947 | €26,929 | +€8,981 | +50.0% |
| Profit (loss) for the period before taxes | 9903 | €63,341 | €87,196 | +€23,855 | +37.7% |
| Income taxes | 67/77 | €16,774 | €23,351 | +€6,578 | +39.2% |
| Profit (loss) for the period | 9904 | €46,567 | €63,845 | +€17,278 | +37.1% |
| Profit (loss) for the period to be appropriated | 9905 | €46,567 | €63,845 | +€17,278 | +37.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.